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Article: Great Canadian hit with $2 million loss.(NORTH AMERICA)(Great Canadian Gaming Corp.'s restructring expenses, losses and securities reports)(Financial report)(Brief article)
- Article from:
- Casino Journal
- Article date:
- June 1, 2009
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Great Canadian Gaming reported a first-quarter loss of $2 million (US$1.74 million) on a 4 percent decline in revenues to $96.1 million.
The company attributed the drop in business to the economic downturn, which it said significantly reduced slot play at its British Columbia and Nova Scotia properties
The results include $11.4 million in restructuring expenses associated with cost-cutting ...